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Banca Popolare di Sondrio SpA (LTS:0NWJ) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)


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What is Banca Popolare di Sondrio SpA Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Banca Popolare di Sondrio SpA's operating assets for the quarter that ended in Mar. 2024 was €53,590 Mil. Banca Popolare di Sondrio SpA's operating liabilities for the quarter that ended in Mar. 2024 was €47,483 Mil. Banca Popolare di Sondrio SpA's Total Assets for the quarter that ended in Dec. 2023 was €57,722 Mil. Therefore, Banca Popolare di Sondrio SpA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.


Banca Popolare di Sondrio SpA Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Banca Popolare di Sondrio SpA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(52801.588-48844.77)/57854.361
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=57721.765 - 4920.177
=52801.588

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53912.477 - 5067.707 - 0
=48844.77

Banca Popolare di Sondrio SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(53590.199-47483.308)/57721.765
=0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=56741.852 - 3151.653
=53590.199

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52808.585 - 5325.277 - 0
=47483.308

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


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Banca Popolare di Sondrio SpA (LTS:0NWJ) Business Description

Traded in Other Exchanges
Address
Piazza Garibaldi, 16, Sondrio, ITA, 23100
Banca Popolare di Sondrio SpA is a full-service cooperative bank operating primarily in Northern Italy but also in Central Italy and Switzerland. The bank's overall strategy is geared toward sustaining local economies, particularly small- and medium-sized businesses and households. most of the bank's business is generated through business banking, followed by individual banking activities. The bank generates most of its net revenue through net interest income, followed by net fees and commissions and net trading income. A majority of the bank's earning assets are mortgage loans. The bank's lending strategy revolves around a low propensity for risk and an emphasis on diversification.